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Sep 19, 2012
09/12
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our guest host today has been jack welch, founder of the jack welch institute. are you a yankees fan? >> no. >> are you a reds fan? you did time in cincinnati. >> no. >> the washington nationals, is that even a team? >> i'm -- the patriots threw me a curveball this weekend. i need to get back on the patriots' bandwagon because the red sox have had one of those tragic seasons. >> you live down here now. >> know boston. >> it's a matter of where you move. so what will you leave us with? we didn't really talk about the actual -- the actual tape itself. are you surprised that it became such a big deal or is it the state? >> it's the way it works. what i'd like to leave you with is jim made a point on that, i started out with that. weir the only country that's really innovating. we've got balance sheets are in great shape we need a president and an administration that will release this economy. we have the greatest country in the world with more opportunity, but we can't keep shackling it. now i want our candidate, my candidate to go out there and talk big. i don't w
our guest host today has been jack welch, founder of the jack welch institute. are you a yankees fan? >> no. >> are you a reds fan? you did time in cincinnati. >> no. >> the washington nationals, is that even a team? >> i'm -- the patriots threw me a curveball this weekend. i need to get back on the patriots' bandwagon because the red sox have had one of those tragic seasons. >> you live down here now. >> know boston. >> it's a matter of where you...
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Mar 28, 2012
03/12
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i guess what jack welch is saying the best news is behind us. i'll give you another pass on this. are you a stock market bull as well as an economic bull? >> i'm a sed-chek market bull. if you look at it, this 2011 was the highest corporate level ever. this fourth quarter is the best in history. that's a 50% increase or a miss by wall street expectation. that's the consecutive quarter and this is wall street. >> no one is more bullish on profits than i have been. a lot of people are saying profits have slowed down, the profit margins themselves are going back down and stocks have built in too much optimism. >> you have to look at the cat wrist for growth, which are many. u.s. corporations are getting the biggest benefit from that emerging market trade. you look at what's going on in energy. you've been talking a lot about energy and domestic oil production. the shale fracking revolution. we don't think politics is going to stop it. if you see that the keystone deal from oklahoma to the gulf of mexico is getting done, three other companies said they're starting pipelines. that's do
i guess what jack welch is saying the best news is behind us. i'll give you another pass on this. are you a stock market bull as well as an economic bull? >> i'm a sed-chek market bull. if you look at it, this 2011 was the highest corporate level ever. this fourth quarter is the best in history. that's a 50% increase or a miss by wall street expectation. that's the consecutive quarter and this is wall street. >> no one is more bullish on profits than i have been. a lot of people are...
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Mar 29, 2012
03/12
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jack welch telling us he's got some reservations about the recovery. jamie di monotells us yesterday he's bullish on america right now. we're going to head to the front lines of business. living high on the hog. harley revved up since the great recession. is this is good way for you to invest in the america now. and megamillions up to $540 million. we hope you win. if you do. we'll have the dos and don'ts on investing the cash. maybe, mandy, you should buy a hidden international real estate gem if you win. we're going to give you some ideas and look at the hottest beaches in the world. >> i bet most are in australia. hello everybody. stocks down for the third day now. with today's drop, the dow and s&p have gone negative for the week. the dow seeing smallest gains for both the month and the quarter now with the s&p 500 having its biggest three-day drop since march 6th. the same goes for the nasdaq. oil down over $3 lowest level since february 17th breaking through key techal support levels. now, here's your wet blanket stat of the day. i'm debbie downe
jack welch telling us he's got some reservations about the recovery. jamie di monotells us yesterday he's bullish on america right now. we're going to head to the front lines of business. living high on the hog. harley revved up since the great recession. is this is good way for you to invest in the america now. and megamillions up to $540 million. we hope you win. if you do. we'll have the dos and don'ts on investing the cash. maybe, mandy, you should buy a hidden international real estate gem...
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Oct 9, 2012
10/12
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want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications wrote stories critical of what he had said. >> i wrote a critical story. sister publication. >> just for the record was totally insane. >> totally insane conspiracy theory, one of many floating out there. the repercussions -- >> also in the same piece asked to see obama's birth certificate. >> yes. >> i think his college records he's looking for now. >> how will jack welch pay the represent now? >> we're all worried. >> i'm sure you'll be taking up jobbers and birthers in your -- >> just become 47%. >> i am open to take that job if they need someone. >> thank you to my panel, john, rana, kamal and david's ebook,
want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications...
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Oct 6, 2012
10/12
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ceo jack welch. unbelievable job numbers. they can't debate so they change the numbers. he appeared earlier today on "your world." >> these numbers don't smell right when you think about where the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took office. >> sean: jack welch is not the only one tawing of this timely development. listen to what business insider said on fox business new york this morning. >> i feel like i am watching a movie, a suspense movie. because there is no way in the world these numbers are accurate. and somebody needs to dig real deep into this. how in the world, miraculously, we have the best flz 30 years, right before the election? somebody needs to do an investigation, like they are doing an investigation in libbia. they need to investigate the numbers because there is no way in the world these numbers are accurate
ceo jack welch. unbelievable job numbers. they can't debate so they change the numbers. he appeared earlier today on "your world." >> these numbers don't smell right when you think about where the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took...
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Oct 5, 2012
10/12
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here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the way, the w.a.r.n. act he refers to requires businesses to tell employees about potential layoffs 60 days in advance. here with reangction, former lar secretary elaine chow. thanks very much for joining us. you were the labor secretary. you had the national butreau of labor statistics under you. what do you think about this possibility of a conspiracy? >> when i was at the department of labor, i think the bureau of labor statistics was very professional. they did a very good job. i don't know what's happening now. i can't speak to that. but the fact that this administration has delayed the issuance of t
here's what the former general electric ceo jack welch tweeted. unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change the numbers. >> plus, arizona senator and former republican candidate john mccain saying this on cnbc earlier today. >> i question exactly what those numbers are. our discussion about the w.a.r.n. act that just took place where they're in blatant violation of the law. i wouldn't put anything past this administration. >> by the...
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Oct 6, 2012
10/12
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former general electric ceo jack welch had fun this morning. he tweeted this. he couldn't believe it. unbelievable job numbers. these chicago guys will do anything. can't debate so they change the numbers. welch went on fox news and claimed he wasn't making accusations about the administration. he's just raising the question. >> it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> welch received a different reception when he tried to peddle his theory to my colleague chris matthews on this network. >> i have no evidence to prove that. i just raised the question. >> no you didn't. you said these chicago guys will do anything. >> yeah. >> so they changed the numbers. do you want to take this back? >> no i don't want to take it back. >> there is a serious assertion there was corruption here, infiltration or getting to -- it's not funny, jack. you're talking about the president of the united states playing with the bureau of statistics numbers. this is nixon stuff. do you want to take back the ch
former general electric ceo jack welch had fun this morning. he tweeted this. he couldn't believe it. unbelievable job numbers. these chicago guys will do anything. can't debate so they change the numbers. welch went on fox news and claimed he wasn't making accusations about the administration. he's just raising the question. >> it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> welch received a different...
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Oct 10, 2012
10/12
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CNN
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et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. >> let's be clear. when people were really most upset about is jack welch directly saying that somehow the obama campaign twisted the numbers. >> right. and, look, you can talk about how debt are collected, you can talk about statistically anomalies, about the fact that the recovery has been subpar. that's what jack welch is saying he's right about, the recovery has been supposed par. everyone was having that real conversation. but to say that someone directly changed the numbers because
et cetera talk about jack welch still stirring the pot on this. almost all bona fide economists, many who have advised both, you know, presidents of both parties have said there was a statistically anomaly showing the unemployment rate fell but only 114,000 jobs were created and anomalies after when you look at a long series of data. jack welch, the 7.8% unemployment figure released by the bureau of labor statistics last week is down right implausible. this is a tweet, unbelievable jobs...
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Oct 9, 2012
10/12
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instead of acknowledging the positive news, jack welch led a group of lesser lights saying the numbers must have been manipulated by the obama administration and that the unemployment rate couldn't really be below 8%. jon stewart weighed in. >> it's got to be corrupt political manipulation of the official statistics. what else would explain why after unemployment has been steadily declining for the last year that now suddenly right before the election it declines a little more? please. >> a lot of people are saying that the government's cooking the books here. >> i'll tell you these guys are saying they feel like they cooked the books. >> look, i got to say, if you're cooking the books, 7.8% unemployment is a [ bleep ] recipe. it's like the radish stew of jobless numbers. if you're cooking, make a nice jambalaya, something nice for people. unemployment is 2.6%. everybody, now we're getting -- >> enough said. with the election just weeks away, positive news about the economy ignites desperation among angry republicans. >>> last time i told you about republican congressman paul broun, th
instead of acknowledging the positive news, jack welch led a group of lesser lights saying the numbers must have been manipulated by the obama administration and that the unemployment rate couldn't really be below 8%. jon stewart weighed in. >> it's got to be corrupt political manipulation of the official statistics. what else would explain why after unemployment has been steadily declining for the last year that now suddenly right before the election it declines a little more? please....
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Sep 17, 2012
09/12
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laura ingram, rush limbaugh, before that jack welch, rupp. murdoch, craig share lakers a lot of people piling on this terribly run romney campaign. this morning, eric erickson coming on saying it is a terribly run campaign that is very significant. >> jennifer rube innocent "washington post," who has been very apologetic for the romney campaign previously, been sort of very helpful to them, she has -- >> jennifer rube reason one of the romney campaign's biggest apologists, no more. it seems like the wagons have stopped circling. and no longer do you have a lot of conservatives blaming the pollsters or saying we are losing because the media is liberal. i mean, reagan could have used that one. so, what's going on in camp romney? >> how about let's look at the actual race. yes, the president is ahead, but it's not like it's a landslide, not like he is blowing romney away. so here you have this completely sort of hand-wringing, knife fighting, infighting, i can't believe the stuff that went public to politico, including somebody giving a draft sp
laura ingram, rush limbaugh, before that jack welch, rupp. murdoch, craig share lakers a lot of people piling on this terribly run romney campaign. this morning, eric erickson coming on saying it is a terribly run campaign that is very significant. >> jennifer rube innocent "washington post," who has been very apologetic for the romney campaign previously, been sort of very helpful to them, she has -- >> jennifer rube reason one of the romney campaign's biggest apologists,...
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Oct 5, 2012
10/12
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jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this morning where he was establishing 1575 and that's quite an upside for 2013 particularly if he's standing by a year-
jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust...
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Oct 6, 2012
10/12
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FOXNEWS
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but i thought it was surprising that jack welch. think before you tweet. >> greta: yes, indeet deed. he is getting a lot of heat for that. >> i think it's a mixed message. the unemployment number is driven by the household survey, which is very volatile. september typically scr is the most volatile month. what i look at is the establishment survey, which is important because that is done with actual business scpoarns they are surveyed on a regular basis in terms of jobs they are creating. and the 114,000 jobs that were created this last month is very anemic, barely enough to keep up with population growth. so you couple the anemic job growth and the reset from gdp and revisited it to 1.2% growth last quarter. the fed is printing mon weqe3 and europe is imploding right now. we are looking at at an environment with a total void of leader help in washington. we are still in rough waters right now. >> greta: you know, i suspect as much as we wait around for the numbers every month and pay attention to them. i have a track here, which --
but i thought it was surprising that jack welch. think before you tweet. >> greta: yes, indeet deed. he is getting a lot of heat for that. >> i think it's a mixed message. the unemployment number is driven by the household survey, which is very volatile. september typically scr is the most volatile month. what i look at is the establishment survey, which is important because that is done with actual business scpoarns they are surveyed on a regular basis in terms of jobs they are...
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Jan 16, 2012
01/12
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CNNW
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. >> jack welch said today, the critics were right, newt really say and do anything to try to win. such a sad flaw in an otherwise smart guy. he's for romney. >> famous people for romney line up, who will say anything, let me use jack welch's language. they'll say anything in order to help get romney elected. i mean, what's new? the fact is, what i have said has consistently been conservative. and the only critique the people are upset about is raising questions about a business record which romney has touted as the base of his presidential campaign. >> here's the potential flaw in the new strategy of going after him about bain. nobody really knows the answer to whether he created more jobs by doing what he did at bain, by taking over troubled companies and in most cases, making them more successful and selling them on, without a cost, but a human toll cost. i think a few went bankrupt, and the argument goes from their side. they probably would have done anyway. did he create more jobs or did he wreck more jobs? do you know the answer? >> the point is, if a guy is running for presi
. >> jack welch said today, the critics were right, newt really say and do anything to try to win. such a sad flaw in an otherwise smart guy. he's for romney. >> famous people for romney line up, who will say anything, let me use jack welch's language. they'll say anything in order to help get romney elected. i mean, what's new? the fact is, what i have said has consistently been conservative. and the only critique the people are upset about is raising questions about a business...
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Jan 16, 2012
01/12
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CNN
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. >> jack welch said today, the critics were right, newt really say and do anything to try to win. such a sad flaw in an otherwise smart guy. he's for romney. >> give me a break. so romney lines up famous people for romney, who will say anything, let me use jack welch's language. they'll say anything in order to help get romney elected. i mean, what's new? the fact is, what i have said has consistently been conservative. and the only critique the people are upset about is raising questions about a business record which romney has touted as the base of his presidential campaign. >> here's the potential flaw in the new strategy of going after him about bain. nobody really knows the answer to whether he created more jobs by doing what he did at bain, by taking over troubled companies and in most cases, making them more successful and selling them on, without a cost, but a human toll cost. i think a few went bankrupt, and the argument goes from their side. they probably would have done anyway. did he create more jobs or did he wreck more jobs? do you know the answer? >> the point is, i
. >> jack welch said today, the critics were right, newt really say and do anything to try to win. such a sad flaw in an otherwise smart guy. he's for romney. >> give me a break. so romney lines up famous people for romney, who will say anything, let me use jack welch's language. they'll say anything in order to help get romney elected. i mean, what's new? the fact is, what i have said has consistently been conservative. and the only critique the people are upset about is raising...
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Apr 11, 2012
04/12
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CNBC
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jack welch is my special guest tomorrow night. he's going to give us the outlook for the markets and elections. and it's premier night of the stanley cup playoffs, detroit at nashville, the nhl up next. thanks for watching. we'll be here tomorrow evening. an airline's job, is to take you from where you are... to where you need to be. and we're not just talking about points on a map. with a more intuitive delta website and mobile app... and the most wifi equipped planes. we let you be everywhere at once. innovations like these are extending our reach so you can extend yours. and now, even at 30,000 feet you can still touch the ground. zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. for a hot dog cart. my mother said, "well, maybe we ought to buy this hot dog cart and set it up someplace." so my parents went to ba
jack welch is my special guest tomorrow night. he's going to give us the outlook for the markets and elections. and it's premier night of the stanley cup playoffs, detroit at nashville, the nhl up next. thanks for watching. we'll be here tomorrow evening. an airline's job, is to take you from where you are... to where you need to be. and we're not just talking about points on a map. with a more intuitive delta website and mobile app... and the most wifi equipped planes. we let you be everywhere...
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Oct 30, 2012
10/12
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welch getting in on the conversation. the issue is will we see an adjustment to that number from last month, was it a real drop in employment. so just a couple days before the election, this is a crucially important number for obama obviously going into the election. but more importantly, it will help us see really what's happening within the employment picture itself and is it actually improving or not. >> okay. thanks very much for joining us this morning. >> bp reported better than expected results for the third quarter. underlying replacement cost profit $5.2 billion, around a billion dollars ahead of estimates. dividend has risen. becomeky peck becky was talking to bob dudley. >> and he was talking about how the refining has helped earns this it time around.>> and he w the refining has helped earns this it time around. the difference denied increased by some 12.5% is having big impacts on the stock today, as well. i was asking why they chose now to increase the dividend and if there would be further hikes in the futu
welch getting in on the conversation. the issue is will we see an adjustment to that number from last month, was it a real drop in employment. so just a couple days before the election, this is a crucially important number for obama obviously going into the election. but more importantly, it will help us see really what's happening within the employment picture itself and is it actually improving or not. >> okay. thanks very much for joining us this morning. >> bp reported better...
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Oct 8, 2012
10/12
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howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you came from, talk to the people you grew up with. >> all advice appreciated. we're moving on to win on election day on november 6th. >> it's free. anyway, coming up -- thank you, mr. mayor. coming up, mitt romney attacks president obama on foreign policy saying if he were president, he would heat up and prolong every war front in the world, iraq, afghanistan, syria. more war, continuous war, new wars. that's the romney plan. >>> also, joe the first responder. he's taken guff for his gaffes and been lampooned on "snl" but surprise, surprise, vice president joe biden is the guy who democrats are counting on this w
howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you...
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Mar 28, 2012
03/12
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jack welch said gas is taking a toll on growth and new reports suggest that an spr release may be in the making. >>> jetblue has more than gas prices to worry about after a pilot goes berserk on a flight to las vegas and forces an emergency landing. we'll hear from ceo dave barger. >>> and goldman sachs bows to invester pressure adding a lead director to work with lloyd blankfein but don't think the muppet controversy has gone away completely. >>> after the worst ipo attempt in history, should he have been fired what is next for the electronic exchange b.a.t.s. >>> prices at the pump march toward an average of $4 a gallon in this country. reports say france is discussing a strategic oil release with the u.s. and the uk and nat gas falls down to 1.5%, a ten-year low. an amazing day in the energy complex all around yesterday. >> all wrong. the higher oil price slows down our economy. the inability to harness this natural gas price other than a few instances, with the epa helping longer term with coal. but it's just setting us up for manufacturing to be weaker because the gas industry -
jack welch said gas is taking a toll on growth and new reports suggest that an spr release may be in the making. >>> jetblue has more than gas prices to worry about after a pilot goes berserk on a flight to las vegas and forces an emergency landing. we'll hear from ceo dave barger. >>> and goldman sachs bows to invester pressure adding a lead director to work with lloyd blankfein but don't think the muppet controversy has gone away completely. >>> after the worst ipo...
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Jul 6, 2012
07/12
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i think some of this is a response to the rupert murdoch tweet, jack welch treat, "wall street journal" op-ed, bill kristol comments, basically questioning whether the staff is up to it. now, adding staff is different than subtracting staff. no one in mitt romney's senior staff orbit is being fired or demoted. i talked to lots of people in that world yesterday and they made that very clear. i think what they are trying to do is recognizing that what you don't want to do is have this story line, this staff shakeup story line run endlessly. add a few senior people and hope that it quells it. i would say the best thing to quell it is today's jobs report. >> chris cillizza, talk to you later. thank you very much for starting us off. >>> the president called it a step in the right direction. mitt romney called it a kick in the gut. for the american people, it's just another dismal jobs report. capping the weakest economic quarter in two years. hilda solis is u.s. labor secretary and joins me now. great to see you. thank you very much. thanks for taking this on. this is not great news. tell
i think some of this is a response to the rupert murdoch tweet, jack welch treat, "wall street journal" op-ed, bill kristol comments, basically questioning whether the staff is up to it. now, adding staff is different than subtracting staff. no one in mitt romney's senior staff orbit is being fired or demoted. i talked to lots of people in that world yesterday and they made that very clear. i think what they are trying to do is recognizing that what you don't want to do is have this...
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Oct 11, 2012
10/12
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. >>> former general electric ceo jack welch defending a tweet when he accused the bomb administration of faking the job numbers. he said he feels he flilives in communist country because of his views of the government. shortly after the unemployment rates had fallen he tweeted unbelievable jobs numbers. those chicago guys will do anything. can't debate so change numbers. welch did later say perhaps he should have added a question mark to the end to show he was raising the question. even republicans are publicly distancing themselves from welch because as we have gone over countless times, a falling unemployment rate without strong job growth can be explained mathematically. i should point out as you well know, general electric is 49% owner of this tv station, used to be 100%, and at the time jack welch was our boss or our because boss's, boss's, boss's, boss's, boss's boss. >> and he's waiting on the phone for you. >> 49%, let me remind you. >>> 5:55 right now. let's check things out with christina loren. busy, busy week in that weather department. >> yeah, we're still staying active
. >>> former general electric ceo jack welch defending a tweet when he accused the bomb administration of faking the job numbers. he said he feels he flilives in communist country because of his views of the government. shortly after the unemployment rates had fallen he tweeted unbelievable jobs numbers. those chicago guys will do anything. can't debate so change numbers. welch did later say perhaps he should have added a question mark to the end to show he was raising the question....
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Oct 11, 2012
10/12
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jack welch didn't back down. he said for those who like me to pipe down. the 7 numbers are not plausible and that's why i made a stink about it the only thing he would change about the initial tweets. he might have added a question mark. >> i flat out agree with jack walch. those numbers released by the government are unbelievable . they created enormous skepticism they are so convenient. a survey of 60,000 households miraclously finds 183,000 people who returned to work four weeks before the election. that is unbelievable. >> gretchen: jack welch said there was not a surge of un-- employment. >> it betrays a totallyy false picture of america's economy. right now our economy is not doing well. unemployment numbers suggest it has been a surge in our economy that is simply not true. >> gretchen: just so our viewers understand. the objective? >> no, there is a element of subjectivity. >> gretchen: you call up people and you say are you employed or not or part-time job or full-time job. >> you call them up on the phone and cent percent are done by phone and yo
jack welch didn't back down. he said for those who like me to pipe down. the 7 numbers are not plausible and that's why i made a stink about it the only thing he would change about the initial tweets. he might have added a question mark. >> i flat out agree with jack walch. those numbers released by the government are unbelievable . they created enormous skepticism they are so convenient. a survey of 60,000 households miraclously finds 183,000 people who returned to work four weeks before...
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Mar 28, 2012
03/12
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CNBC
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. >> so you're not spooked by jack welch's comments. >> i'm not spooked by that, no. >> is the nationwide -- forget local markets. i get that. nationwide housing market bottomed? >> i believe that we're very close to the inflection point. and people look at prices, which are still coming down, but all the other signs are flashing green. >> give me the green "street signs" of hopium? >> all-time affordability. we had three million americans a year, household a million three 600,000, the shadow inventory is lower today than it was 12 months ago. it's there. so distressed inventory is coming down, not going up. >> yep. >> jobs create household formation. >> sounds like you're making the bull case for housing. >> and homes for sale are like half of what they were maybe four years ago. you could come up with a pretty bullish case if, you know, i think as the economy grows, housing will get better quicker. >> what about for you in particular? have your housing-related costs bottomed out with all the mortgage issues? >> if i remember correctly, they are about half of what they were. still very h
. >> so you're not spooked by jack welch's comments. >> i'm not spooked by that, no. >> is the nationwide -- forget local markets. i get that. nationwide housing market bottomed? >> i believe that we're very close to the inflection point. and people look at prices, which are still coming down, but all the other signs are flashing green. >> give me the green "street signs" of hopium? >> all-time affordability. we had three million americans a year,...
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Oct 6, 2012
10/12
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KICU
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. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly doubled to $93.9 million in the first half of this year. >>> stock closed today near lo
. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000...
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Oct 6, 2012
10/12
by
KTVU
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. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000 more jobs were added in july and august. >>> tonight at 10:30 what we found when we asked people about the economy and whether they've seen an improvement. >> on wall street the new jobs report did little to move the stock numbers. the debt crisis in europe or spain or greece are facing challenges continued to loom over investigators today. the dow was up 34 points. >>> filed plans for a $100 million initial public offering. the wireless network equipment maker has not said how many shares it plans to sell. the company's revenue nearly doubled to $93.9 million in the first half of this year. >>> stock closed today near lo
. >> questions raised by prominent romney backer ge executive jack welch put the challenger in a tough spot. >> if he agrees with it, where's the evidence? and if he disagrees with it, once of his principle supporters is problematic. >> set to release one more job's report four days before the november election. ktvu channel 2 news. >> more details now. the rate dropped from 8.1% because the number of people who got jobs soared. biggest monthly jump since 2003. 86,000...
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former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report. >> this country has come too far to turn back now. >> reporter: a benchmark, he says, proves america is on the right track. economists say the number of new jobs being created is not enough to significantly lower the unemployment rate. the next jobs report comes out in four days before the election. reporting live on capitol hill, i'm danielle lee, news 4. >> our team coverage of the presidential election takes us to opposite cornerses of virginia. while governor romney was in coal country in abington, president obama was in fairfax. the president talked about more than just jobs today. >> hell
former general electric ceo jack welch wrote "unbelievable job numbers. the chicago guys will do anything. can't debate, so change the numbers. >> it's ludicrous to hear that kind of statement. >> reporter: secretary of labor denies any political motivations a saying the numbers are real. while romney launches tv ad as promising to do better than president obama. >> i have a detailed plan to create 12 million new jobs. >> reporter: obama is celebrating this report....
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Oct 5, 2012
10/12
by
FOXNEWSW
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. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >> juan, is there any question in your mind that the department of labor, the national labor relations board partisan and ideological-- >> partisan-- >> no, they're not partisan and nobody who is in the business has ever said these are partisan people. these numbers would be coming out, let me ask you that, if it was so political why did these conspiracy-minded people wait till now, better if they did it several months ago. >> if the unemployment number is so important to jobs, to various campaigns, isn't it smart to have obama donors in as economists in the department of labor statistics? >> and let me tell you, there's no law against givi
. >> hold on, let me finish, you've been going on and on and let me just tell you jack welch comes out today and twittering, these are bogus numbers, made up numbers. this is just so political. >> okay. >> and then, more evidence that people don't want to believe reality and by the way, let me just tell you something. >> where-- >> juan-- hold on. >> the economy has been going on and on. and added jobs now for 30 straight months that's a trajectory. >>...